There were signs that trade talks could restart between the United States and China with the possibility of the next round of face-to-face talks taking place in September which is also the time when the impending fresh round of US… Read More ›
Economy & Finance
No concrete or credible proposal received on replacing Irish backstop: Ireland’s Foreign Minister Simon Coveney
Britain is staring at a cliffhanger Brexit. On Friday, according to a statement from Irish Foreign Minister Simon Coveney, the British government has yet to make credible and concrete proposals on replacing the mechanism known as the Irish backstop in… Read More ›
Asian Economies Being Pushed Towards Recession By Trade War
There is a threat of a slowdown in the global economy as well as warning signals of a downturn that has rattled financial markets because of the trade war between the United States and China. While there is no immediate… Read More ›
Reports Suggest The Rich Spending Less Which Can Be A Signal For Recession In US
The fears of a trickle down recessionary effect with it beginning at the top of the spending tree were stoked after reports emerged that the spending is being cut by the rich on everything from homes to jewelry. According to… Read More ›
Japan to increase scrutiny on foreign ownership of Japanese firms
Japan is taking steps to improve the monitoring of the ownership of its companies in industries which it considers as critical to its national security. According to two officials with knowledge of the matter at hand, Japanese officials are considering… Read More ›
Inverted yield curve pushes need for ultra-long bonds
There is renewed interest among U.S. Treasury officials in ultra-long bonds. As per a report from Bloomberg, U.S. Treasury Secretary Steven Mnuchin is seriously weighing the possibility of issuing ultra-long U.S. bonds. According to the report, the matter is “under… Read More ›
Boeing wins $500 million U.S. defense contract
Boeing has won a defense contract pertaining to Qatar’s air force. According to a statement from the Pentagon, Boeing Co has won a $500 million contract for providing an aircrew for F-15QA fighter jet as well as for a maintenance… Read More ›
BP Sells All Its Assets In Alaska For $5bn, To Pull Out Completely From The Region
Following its decision to sell off its entire remaining business in Alaska to a private oil and gas firm, British Petroleum no longer will have any oil and gas operations in this North American region. All of the assets and… Read More ›
Fastest Growing Takeaway Food In The UK Is Vegan, Shows Study
Orders of vegan meals have grown by five times in the last two years and it is the fastest growing choice of takeaway food in the United Kingdom even though it is not close to providing any competition to chicken… Read More ›
Charges Of Theft Of Trade Secrets From Google Slapped Against Ex Uber Self-Driving Car Executive
Federal prosecutors of the United States charged 33 counts of theft and attempted theft of trade secrets from the company that he worked for – Google, against Anthony Levandowski, the former Uber executive who was in-charge of the self-driving unit… Read More ›
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